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    1550 17Th St Denver, CO 80202

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    Property profile & analytics

    1550 17Th St Denver, CO 80202


    • Office buildings
    • 145,415 SF
    • 0.57 lot acres
    Downtown Denver Restaurant Space For Lease
    $39,925,000
    7,379 SF

    Downtown Denver Restaurant Space

    Turn-key restaurant space in a Class A office building.

    1550 17th St, Denver, CO 80202
    View Listing
    Property ID
    US13-2557158
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Davis Graham & Stubbs LLP / Law Firm
    • Davis Graham & Stubbs LLP: Matthew Perkins / Law Firm
    • Davis Graham & Stubbs LLP: Zach C. Miller / Law Firm
    • Davis Graham & Stubbs LLP: Brett C. Painter / Law Firm
    • Davis Graham & Stubbs LLP: Chris Kinsman / Law Firm

    Property Details for 1550 17Th St

    Year built
    2000
    Construction
    WOOD
    Lot size
    0.57 lot acres
    Property size
    145,415 SF
    Zone code
    D-LD
    Property type
    Office buildings
    APN
    02331-11-024-000
    APU
    233111024000

    Description

    This exceptional retail opportunity is located in the Millennium Financial Center, a Class A office building in Denver's vibrant downtown core. The property offers two contiguous ground floor spaces, totaling 8,405 square feet, ideal for a variety of retail uses. Suite 120-130, a fully equipped 8,405 square foot space, is particularly well-suited for a restaurant, offering a turnkey solution for immediate occupancy. Alternatively, Suite 110 can be combined with Suite 120 to create a larger, more expansive retail space. The minimum divisible space is 2,626 square feet, providing flexibility for businesses of varying sizes. The entire Millennium Financial Center encompasses 133,500 square feet and was constructed in 2000. This prime location in Denver County, at 1550 17th Street, zip code 80202, offers unparalleled visibility and accessibility, placing your business in the heart of Denver's bustling activity. The property's Class A designation reflects its high-quality construction and modern amenities. This is a rare chance to secure a prominent retail presence in one of Denver's most sought-after locations.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $37,880,000
      6.5%
      $34,965,000
      7%
      $32,465,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $35,934,000
      Market price range: $3.07M - $35.9M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $54,455,000
      Current use
      RESTAURANT
      $59,470,000
      Change: +9% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $58,245,000
      Change: +7% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $47,195,000
      Change: -13% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $47,065,000
      Change: -14% Conversion: Easy
      RETAIL STORES
      $46,765,000
      Change: -14% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $45,205,000
      Change: -17% Conversion: Easy
      MEDICAL BUILDING
      $44,155,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.999
    Latitude
    39.7517
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,429,513
    $2,258,510
    $16,190,150
    $18,448,660
    -
    $8,125,000
    $58,029,200
    $66,154,200
    View Listing
    More about this property
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